The volume of commercial real estate transactions in Finland reached EUR 4 bn in 2008, about EUR 1.9 bn lower than the year before, according to preliminary statistics compiled by the Helsinki-based KTI Institute for Real Estate Economics.
The volume of commercial real estate transactions in Finland reached EUR 4 bn in 2008, about EUR 1.9 bn lower than the year before, according to preliminary statistics compiled by the Helsinki-based KTI Institute for Real Estate Economics.
KTI said the volume for the first half of 2008 came to EUR 2.8 bn, but investment activity slowed down significantly in the second half of the year, and the volume for the last six months came to EUR 1.1 bn. Foreign investors accounted for 46% of all transactions in 2008.
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